Top News:
Nick Clegg / About Facebook:
In response to Oversight Board ruling, Facebook suspends Trump's accounts until January 7, 2023, and says it will then reconsider suspension if conditions allow — Last month, the Oversight Board upheld Facebook's suspension of former US President Donald Trump's Facebook and Instagram accounts following …
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Salvador Rodriguez / CNBC:
Facebook announces that politicians' posts will no longer be exempt from the company's rules that prevent users from engaging in harmful speech — - Facebook on Friday announced that politicians' posts will no longer be exempt from the company's rules that prevent users from engaging in harmful speech.
Discussion:
CNN, more at Techmeme »
Sam Schechner / Wall Street Journal:
EU and UK regulators coordinate to open antitrust investigations into Facebook's classified ad service Marketplace; UK is also probing Facebook Dating — Investigations into classified-ads service Marketplace ramp up regulatory scrutiny on the company in Europe
Discussion:
European Commission, The Guardian, TechCrunch, GOV.UK, Variety, Al Jazeera, Associated Press, Hollywood Reporter, MediaPost, Forbes, @samschech, @marietjeschaake, @vestager, Financial Times, @jason_kint, New York Times, Protocol, Fortune, @menakadoshi, The Verge, Bloomberg, Insider, New York Post and Politico, more at Techmeme »
Josh Gerstein / Politico:
Gannett is fighting an FBI subpoena, which seeks IP addresses and mobile phone info to determine who read a specific USA Today story about a Florida shooting — Gannett, the publisher, contends that demand for details on who accessed article violates the First Amendment.
Discussion:
The Hill, @chayesmatthew, @joshgerstein, @politico, Newser and @oknox
Ashley Cullins / Hollywood Reporter:
Spotify's Discovery Mode, which lets artists and labels take lower royalty rates in exchange for higher priority in algorithms, gets scrutiny from Congress — Reps. Jerry Nadler (D-NY) and Hank Johnson Jr. (D-GA) are concerned the feature could lead to lower pay for artists and fewer choices for consumers.
Discussion:
Rolling Stone, @eriqgardner and The A.V. Club
Catalin Cimpanu / The Record:
Live streams for Cox radio and TV stations were down on Thursday, sources say due to a ransomware attack — Live streams for radio and TV stations owned by the Cox Media Group, one of the largest media conglomerates in the US, have gone down earlier today in what multiple sources have described as a ransomware attack.
Discussion:
The Hill, FTVLive, @mattblaze, Peach State Politics … and The Desk, more at Techmeme »
Al Jazeera:
Myanmar court jails two journalists, from Democratic Voice of Burma and Mizzima News, to two years in prison for “false news” over anti-coup protest coverage — A court in military-ruled Myanmar has jailed two journalists under a colonial-era law that was recently revised to make spreading …
David Mack / BuzzFeed News:
Former Treasury official is sentenced to 6 months in prison after admitting she leaked documents to BuzzFeed News; the docs formed the basis of the FinCEN Files — A former Treasury Department official was sentenced to six months in prison on Thursday after she admitted …
Discussion:
@mattmittenthal, The Wrap, @jasonleopold, @joshgerstein, Politico, @jasonleopold, Poynter, @ericgarland, @arielkaminer, @will_doran, @jasonleopold, @janweirlaw, @scottmstedman, @juliezebrak, @politico, @bgrueskin, @sashachavkin, @eoinhiggins_, @davidmackau, @benyt, Law & Crime, Associated Press, New York Post and Insider
Neal Rothschild / Axios:
NewsWhip: Trump's now closed blog generated engagement roughly on par with the top posts from mid-market local newspapers — The shutdown acknowledged the flawed assumption that if you build it, they will come.
Discussion:
@nrothschild3
Bloomberg:
Germany's antitrust regulator says it will probe Google News Showcase to check if Google's terms offer “unreasonable conditions” to publishers — - Cartel office has opened multiple probes in recent weeks — Regulator is wielding new powers to take on U.S. tech giants
Discussion:
Bundeskartellamt, TechCrunch, Barron's Online and Reuters
Bloomberg:
Vivendi says it is in talks to sell 10% of Universal Music Group to a SPAC backed by Bill Ackman, in a transaction that values UMG at €35B, up from €30B in 2019 — - Pershing Square Tontine Holdings raised $4 billion in July — UMG valuation suggests streaming-led music boom has legs
Discussion:
Music Business Worldwide, Insider, Al Jazeera, New York Post, Reuters, Hollywood Reporter and Variety
Ben Thompson / Stratechery:
Stratechery's Ben Thompson announces a service called Passport to let creators manage their subscriptions and communicate with subscribers — Seven years ago, when I initially launched the paid Daily Update, there weren't really any tools designed for independent subscription businesses …
Discussion:
@stratechery, @marklittlenews, @sub8u, @trengriffin, @alecellin, @sarthakgh, @vgr, @mathewi, @edwinwee, @alex, @tomcritchlow, @steven_aquino and @caseynewton, more at Techmeme »
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